By normal operation, we usually create a bill like a sales invoice, print it and send it to our customers. Posting of the transaction should only occur after the sales invoice has been received by the customer and acknowledged with a signature cosigned by the customer. A copy of the invoice will be returned to the supplier.
The standard process in Access UBS is to record transactions in Billing within the Accounting System.
Explanation:
The automated process to create ledger entries in Accounts from Billing Transactions is called posting. Posted Status means that the transactions in Billing have been posted to accounts. All bills posted are locked and cannot be edited.
Unpost status enables bills in posted status to be opened for editing.
Repost status indicates that the bill has been edited and reposted to Accounts with the changes made during editing.
You can find these functions by following the steps below:
Go to Customer & Sales and select Post to Accounting.
Choose either Post, Unpost, or Repost.